S&P 500 Index Futures Maintaining Gains

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em>Joel Elconin is the co-host of
Benzinga's #PreMarket Prep
, a daily trading idea radio show.
S&P 500 index futures are trading higher by fourteenpoints at 2068.50 in Wednesday's session. The rally is taking place on renewed hope that a solution to the debt crisis in Greece will be resolved sooner rather than later. So far, the rally in after hours and premarket session has maintained most its gains, unlike the steep decline off Tuesday's open when there was again progress towards an agreement was being reported. Nne of the top ten components in the index are in the green. Leading the way on the upside is Microsoft
MSFT
shares which are trading higher by $0.43 at $44.58. It is closely followed by Wells Fargo
WFC
shares which are trading higher $0.68 at $56.92. The lone loser in the top ten is Exxon Mobil
XOM
shares which are trading lower by $0.38 at $82.82 in sympathy with lower Crude Oil prices.
Posted In: FuturesTechnicalsMovers & ShakersIntraday UpdateMarketsMoversTrading IdeasGeneralPremarket outlook
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